East Temecula Market Report

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East Temecula Market Report

Temecula has twice been named "The Best City in Riverside County to live in" by The Press-Enterprise.

Tax revenues generated by the many shopping opportunities have allowed the city to provide a solid infrastructure, low crime rate, fairly clean air, and an abundance of cultural and recreational programs for residents. 

Just south of central Temecula, the Pechanga Tribe of American Indians operate the Pechanga Resort and Entertainment Center where visitors can enjoy gaming, boxing, or concerts.

Market Trends  July saw 53 Property sales, down -14.5% from 62 in July of 2017 and -15.9% lower than the 63 sales in June 2018.  July YTD sales of 357 are -13.8% behind last year's ytd sales totaling 414.

The Median Sales Price in July was $490,000, up 2.6% from $477,500 in July of 2017 and down -1.0% from $495,000 in June.

The Average Sales Price in July was $511,204, up 3.6% from $493,671 in July of 2017 and down -0.1% from $511,827 last month.

The DOM for July was 22, down -26.7% from 30 days last month and down -21.4% from 28 days in July of last year. The July 2018 DOM was at its lowest level compared with July of 2017 and 2016.

The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The July 2018 Selling Price per Square Foot of $223 was up 8.3% from $206 last month and up 10.9% from $201 in July of last year.  

The number of New Listings in July 2018 was 87, down -11.2% from 98 last month and up 31.8% from 66 in July of last year. 

 

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
Exa Ely Rd N/A N/A N/A $140,000 Unknown 9 days
Julian Ln N/A N/A N/A $100,000 Unknown 9 days
39767 Esplendida Way N/A N/A N/A $299,000 Unknown 46 days
39460 Calle Escalona 3 2 2,359 $465,000 $197 18 days
39111 Chaparral Drive 4 3 4,609 $949,000 $205 15 days
39480 Avenida De La Bandolero 6 6 5,109 $1,149,900 $225 24 days
38895 E Benton N/A N/A N/A $500,000 Unknown 32 days
38955 E Benton Road N/A N/A N/A $500,000 Unknown 36 days
CALLE FRESCA N/A N/A N/A $225,000 Unknown 50 days
11 Esplendida Way N/A N/A N/A $279,000 Unknown 96 days
41787 Camino Lorado Drive 4 5 5,162 $1,548,880 $300 51 days
BRUCE LN N/A N/A N/A $235,000 Unknown 55 days
41848 Cascades Court 3 2 2,037 $499,000 $244 54 days
VIA VIEW N/A N/A N/A $342,000 Unknown 58 days
41025 Los Ranchos Circle 3 4 3,156 $1,149,000 $364 68 days
Calle Segovia N/A N/A N/A $749,000 Unknown 71 days
Calle Las Lomas/41950 Calle La Escondida N/A N/A N/A $499,000 Unknown 106 days
Camino Lorado N/A N/A N/A $339,900 Unknown 83 days
40325 Denise Road 3 2 1,923 $699,000 $363 88 days
41580 Parado Del Sol Drive 3 4 4,090 $1,050,000 $256 93 days
40515 Denise Road 7 5 4,616 $599,999 $129 100 days
Via View N/A N/A N/A $139,000 Unknown 669 days
Calle Breve N/A N/A N/A $300,000 Unknown 128 days
Calle Breve N/A N/A N/A $125,000 Unknown 128 days
Calle Breve N/A N/A N/A $300,000 Unknown 128 days
Average: 3.8 3.8 3,710 $450,577 $293 227 days
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Viewing 1 - 25 of 54
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
36150 Alicia Circle N/A N/A N/A $240,000 Unknown 83 days
1 De Portola N/A N/A N/A $1,249,000 Unknown 1157 days
40110 Via Verano 3 3 2,868 $650,000 $226 0 days
Average: 3.0 3.0 2,868 $713,000 $226 851 days
Viewing 1 - 3 of 3
Viewing 1 - 3 of 3
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
39805 Avenida Sarita 3 2 2,637 $529,900 $485,000 $183 144 days 1/11/19
40945 Watts Road 6 5 4,580 $779,000 $770,000 $168 26 days 1/4/19
27614 Parkside Drive 3 2 1,104 $320,000 $320,000 $289 17 days 12/28/18
39335 Calle Segovia 3 2 1,536 $434,900 $420,000 $273 236 days 12/21/18
37345 Avenida Bravura 4 3 3,456 $737,000 $732,000 $211 170 days 12/21/18
42160 Parado Del Sol Drive 3 3 3,040 $1,249,000 $1,200,000 $394 13 days 12/12/18
39386 Chaparral Drive 3 3 2,760 $699,900 $677,100 $245 35 days 12/12/18
Montero N/A N/A N/A $70,000 $65,000 Unknown 237 days 12/11/18
VIA VIEW N/A N/A N/A $199,900 $165,000 Unknown 187 days 11/19/18
31355 Corte Rimola 4 3 1,752 $415,000 $415,000 $236 80 days 11/16/18
38240 Via De Oro 4 3 2,831 $749,000 $740,000 $261 89 days 11/16/18
91555 Calle Cordova N/A N/A N/A $150,000 $130,000 Unknown 679 days 11/16/18
37565 Via De Los Arboles 4 4 3,142 $1,195,000 $1,135,000 $361 15 days 11/8/18
40395 Hobby Horse Road N/A N/A N/A $199,900 $140,000 Unknown 98 days 11/7/18
Gray Squirrel/Calle Cordova Road N/A N/A N/A $246,000 $246,000 Unknown 278 days 10/29/18
Calle Rio Grande N/A N/A N/A $185,000 $150,000 Unknown 71 days 10/23/18
39950 Calle Breve 4 3 2,943 $830,000 $700,000 $237 2 days 10/12/18
40025 Hanover Road 2 1 602 $433,200 $433,200 $719 127 days 9/30/18
31335 Brush Creek Circle 4 3 2,499 $549,999 $540,000 $216 13 days 9/17/18
31950 Daniel Way 3 2 2,004 $474,900 $487,000 $243 9 days 8/30/18
40800 Carlena Lane 5 5 3,457 $739,900 $725,000 $209 12 days 8/24/18
Pompero Way N/A N/A N/A $299,950 $275,000 Unknown 118 days 7/30/18
32576 Hislop Way 5 3 2,078 $424,900 $430,000 $206 5 days 7/23/18
Average: 3.8 2.9 2,526 $517,928 $494,795 $278 62 days
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Viewing 1 - 23 of 23

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.